2023 ARS to KES Historical Review

YEARLY HIGH

0.6983 KES

YEARLY LOW

0.1923 KES

YEARLY AVERAGE

0.5250 KES

2023 ARS to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ARS to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.6983. Conversely, the yearly low was recorded on December 23, dropping to 0.1923.

This high-to-low spread represents a total annual volatility of 0.5060 KES. From a start-to-finish perspective, comparing the January average rate of 0.6810 to the December average rate of 0.2820, the exchange rate registered a net change of -58.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6983 was down 36.65% compared to the 2022 peak of 1.1023, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ARS based on timing:

Yearly Peak High 3,492 KES

2022 Average 4,613 KES

Yearly Trough Low 961 KES

Transaction Impact: A difference of 2,530.15 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7209

0.2421

JanuMarcMayJulySeptNove

ARS to KES Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.6263, compared to 0.4238 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2026 points.

H1 Avg (Jan–Jun) 0.6263

H2 Avg (Jul–Dec) 0.4238

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.2329 KES (High: 0.4251 / Low: 0.1923). On the other end, September was the most stable month, with a tight range of 0.0084 KES (High: 0.4236 / Low: 0.4152).

December Spread (Volatile) ±0.2329

September Spread (Stable) ±0.0084

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1481 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1481

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.6810) against the same month in 2022 (average: 1.0915), the exchange rate shifted by -0.4104 (-37.60%).

2023 Avg (January) 0.6810

2022 Avg (January) 1.0915

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6983	0.6656	0.6810
February	0.6688	0.6446	0.6552
March	0.6476	0.6297	0.6398
April	0.6371	0.6128	0.6245
May	0.6139	0.5790	0.5948
June	0.5773	0.5463	0.5626
July	0.5481	0.5170	0.5324
August	0.5169	0.4080	0.4521
September	0.4236	0.4152	0.4195
October	0.4303	0.4203	0.4264
November	0.4348	0.4238	0.4301
December	0.4251	0.1923	0.2820